Wie relevant sind Kapitalsteuern für Standortentscheidungen von Multinationalen Unternehmen?

FWF

Objective:
The research deals with the wider question, whether variations in the tax burden levied on real capital have an impact on location decisions for foreign Multinationals. Throughout the analysis the focus is upon inward Foreign Direct Investment (FDI) from the most important home countries into some of the new EU Member States namely the "CEEC-5", i.e. Hungary, Czech Republic, Slovakia, Slovenia and Poland. This regional focus can be justified on the grounds that harmful tax competition may be fostered by the EU Eastern Enlargement process. The goal of the analysis is the econometric measurement of "tax elasticities" of real capital on the one hand and the isolation of those changes in the tax laws (tariffs or base changes) which capital is most sensitve to on the other hand.